Franklin Industries Ltd's Rs 38.83 crore Rights opened from May 24
May 27, 2024
Ahmedabad (Gujarat) [India], May 27: Rs 38.83 crore Rights issue of Gujarat based Franklin Industries Ltd (BSE - 540190) engaged in the trading of agriculture commodities and providers of contract farming services has opened for subscription on May 24, 2024. The funds raised through the issue will be utilised to fund company's expansion plans including working capital requirements and general corporate purposes. Right issue of the company are offered at a price of Rs 3.58 per share as compared to closing share price of Rs 7.50 per share on 24 May, 2024. Rights Issue will close on 11 June, 2024.
Read More ..